🎉Brazil🇧🇷: In São Paulo, representatives from BetBoom, Sol Serviços de Intermediação, and Stake Brazil push to create a betting operators’ union

Morgan Ellis

🎉Brazil🇧🇷: In São Paulo, representatives from BetBoom, Sol Serviços de Intermediação, and Stake Brazil push to create a betting operators’ union

The new union, Sindbet/SP, is envisioned as the official coordinating body between the industry and the regulator, as well as other government entities.

➡️ The creation of the union will require convening a general assembly, scheduled for July 31, to be held in hybrid format (in-person and virtual).

➡️ During the assembly, topics will include approval of the bylaws, election of the first executive and financial boards, and definition of the organization’s territorial scope.

➡️ Participation will be limited to companies with a valid license in the state of São Paulo. Representatives from BetBoom have already confirmed their interest.

➡️Key fact: São Paulo is Brazil’s most populous and economically developed state, with 45.6 million inhabitants and a GDP per capita of USD 12,656, above the national average.

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